Intel stock's improved outlook has mitigated recent selling intensity. Still, I argue why betting on the wrong horse (INTC) isn't wise, as the AI growth inflection takes center stage.
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A year on, Intel's touted AI-chip deals have fallen shortWhile the upbeat total revenue forecast pushed up Intel shares by about 5% in early trading on Friday, its stock remains more than 50% lower for the year as the chipmaker misses out on the AI boom and struggles with a turnaround. The Gaudi disappointment ...
Intel’s AI PC and server processor business and its Intel Foundry business are seeing wins that CEO Pat Gelsinger said will help take the company forward.
Intel’s revenue reached $35.9 billion YTD 2024, growing 6.2%, while operating margins rose to 27%, showing cost management improvements. Learn more on INTC stock here.
Intel has been trashed by investors, but only trades at book value. New products led to improved revenue and profitability last quarter. Its ex-CEO wrote a positive op-ed saying the company's "unprecedented" turnaround remains on track. While many AI ...
Intel is set to let several hundred employees go at three separate sites in Israel, with global layoffs set to top 15,000 over the next few months.
NEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems.
Despite its ongoing troubles, Intel seems to think the current quarter will be a bright spot. It offered a forecast of 12 cents per share in earnings and $13.3 billion to $14.3 billion in revenue. That’s better than expected, with Wall Street analysts targeting earnings of just eight cents per share on sales of $13.66 billion.
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Ryzen AI 300 takes big wins over Intel in LLM AI performance — up to 27% faster token generation than Lunar Lake in LM StudioA new AMD blog post shows off Ryzen AI 9 HX 375's performance on LM Studio, a desktop app for hosting powerful LLMs locally. The Ryzen chip handily beats the Intel Core Ultra 7 258V in a bevy of performance tests.
A new ultraportable notebook from HP with the AMD Ryzen AI 300 "Strix Point" processor, set for release this December, features LPDDR5X-8000 memory which is a step up from the standard LPDDR5X-7500.
Intel's extensive presence in the enterprise will be an edge as it focuses its AI strategy on this segment. Learn why INTC stock is a Buy.
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